Sequoia Economic Infrastructure (LON:SEQI) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Sequoia Economic Infrastructure Inc (LON:SEQI)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 78.90 ($0.98) and traded as low as GBX 78.10 ($0.97). Sequoia Economic Infrastructure shares last traded at GBX 78.80 ($0.98), with a volume of 289,692 shares changing hands.

Sequoia Economic Infrastructure Stock Down 0.3 %

The business’s 50 day moving average price is GBX 77.49 and its 200-day moving average price is GBX 78.90. The company has a market cap of £1.33 billion and a PE ratio of -7,900.00.

Sequoia Economic Infrastructure Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th were issued a GBX 1.72 ($0.02) dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 2.22%. Sequoia Economic Infrastructure’s dividend payout ratio is currently -70,000.00%.

About Sequoia Economic Infrastructure

Sequoia Economic Infrastructure Income Fund Limited invests in a diversified portfolio of senior and subordinated economic infrastructure debt investments through its subsidiary Sequoia IDF Asset Holdings SA The Company operates through investment in senior and subordinated infrastructure debt instruments and related and/or similar assets segment.